QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
UNKNOWN
JANUARY 2025
GLOBAL
RYAN ZARICK
DESCRIPTION OF EVENTS

Ryan Zarick is the Co-founder and CTO of LayerZero Labs, a Vancouver-based company focused on building the Layer 0 of blockchain. With over 10 years of experience in tech, he has co-founded Minimal AI, Coder Den, and 80Trill, and served as CTO at Buzzdraft. Ryan holds a Master’s degree in Computer Science from the University of New Hampshire.
Ryan Zarick’s has a Medium page focusing on topics related to blockchain technology, interoperability, and LayerZero’s developments. His writings cover technical aspects, such as the design and evolution of features like fungible token coloring (Project ColorTrace), updates on LayerZero's progress (e.g., security updates and new features), and deeper insights into omnichain solutions. He often discusses challenges and advancements in bridging and cross-chain functionality, emphasizing security, scalability, and the future of decentralized systems. Additionally, he writes about key LayerZero initiatives like Stargate and the integration of LayerZero with IBC (Inter-Blockchain Communication).
Alan Estuver was the first to warn about the hack, followed by a discussion involving Eoin MacLochlainn, who responded to a post suggesting an intern was fired. Bryan Pellegrino clarified that LayerZero does not hire interns. Later, Ryan Zarick's account appeared to promote a pump and dump scheme involving a LayerZero token on Solana, with Twitter user slateronsolana expressing concern that Zarick himself had launched the token. Twitter user EseTeLopez reported losing all of their ZRO tokens, likely due to phishing links tied to the incident.
While Ryan has recovered his account, there doesn't appear to be any public mention of the incident or any suggestion of compensation for victims.
Ryan Zarick is the Co-founder and CTO of LayerZero Labs, a company focused on building the Layer 0 of blockchain. With over 10 years of experience in tech, he has co-founded several companies and held roles like CTO at Buzzdraft. In January 2025, Ryan's Twitter/X account was compromised to promote a pump and dump scheme involving a LayerZero token on Solana, as well as a fake airdrop that tricked users into approving wallet access, causing users like slateronsolana and EseTeLopez to report losses. Although Ryan regained control of his account, there doesn't appear to have been a public acknowledgment/explanation of the incident or any suggestion of compensation for victims.
LayerZero Labs CTO的X账户短时被盗并发布钓鱼链接,相关帖子已被删除_快讯-odaily (Mar 4)
Personal Homepage Of Ryan Zarick (Mar 5)
Ryan Zarick - Rootdata (Mar 5)
LayerZero - SequoiaCapital (Mar 5)
Ryan Zarick's Twitter Account (Mar 5)
Ryan Zarick's LinkedIn Account (Mar 5)
https://sosovalue.com/person/ryan-zarick-1844232218540462081 (Mar 5)
Crypto Hacks Surge: Safeguard Your Digital Assets - OneSafe Blog (Mar 5)
https://www.theblock.co/post/334180/string-of-x-hijacks-continues-as-hackers-access-accounts-of-litecoin-foresight-ventures-and-others (Mar 5)
slateronsolana - "is this how you spend your sundays too?" - Twitter/X (Mar 5)
Eoin MacLochlainn - "Cant tell if legit or making light of the situation? Did you just publicly announce you're sacking somebody before the fact on X?" - Twitter/X (Mar 5)
EseTeLopez - "damn... i just lose all my ZRO :(" - Twitter/X (Mar 5)
Alan Estuver - "The @ryanzarick account is currently compromised. Avoid interacting with it until further notice." - Twitter/X (Mar 5)
@0xElegant Twitter (Mar 5)
@ZRO_AI_Agent Twitter (Mar 5)
@lebsonwinner Twitter (Mar 5)
@ZRO_AI_Agent Twitter (Mar 5)
@BlippyChad Twitter (Mar 5)
@ZRO_AI_Agent Twitter (Mar 5)
@TrumpVanceAgain Twitter (Mar 5)
@Blockchain__LTD Twitter (Mar 5)
@rookie_of_Ph Twitter (Mar 5)
@Itzpoopster Twitter (Mar 5)
@Unendingfates Twitter (Mar 5)
@piter_morgan Twitter (Mar 5)
@PrimordialAA Twitter (Mar 5)
@trenchalerts Twitter (Mar 5)
@13_navjot Twitter (Mar 5)
@ppmctweets Twitter (Mar 5)
@0xEldorad Twitter (Mar 5)
@AHoboWithAStick Twitter (Mar 5)
